Citizens Bank
Corvallis, Oregon, Benton County
$823M in total assets, the 1,251st largest of 4,309 US banks and 6th of 14 headquartered in Oregon.
- FDIC certificate
- 17809
- Established
- 1957
- Owned by
- Citizens Bcorp
- Primary regulator
- FDIC
- Website
- www.citizensEbank.com
At a glance
Compared with 10 banks headquartered in Oregon with $100 million to $1 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $823M | 80% | $650M | |
| Loans | $390M | 40% | $459M | |
| Deposits | $703M | 80% | $557M | |
| Return on assets | 0.26% | 2% | 1.05% | |
| Net interest margin | 3.50% | 30% | 3.94% | |
| Efficiency ratio | 89.8% | 98% | 68.0% | |
| Equity to assets | 10.58% | 30% | 11.60% | |
| Loans to deposits | 55% | 2% | 84% |
Growth
Total assets grew -4.8% a year over the last 5 years and 2.3% a year over 10 years, without acquisitions.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Feb 2009 | Silver Falls Bank Silverton, OR | $134M |
| Oct 1993 | Tri-County Banking Co. Junction City, OR | $23M |
Where they operate
14 branches in 8 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Benton County, OR | $351M | 22.3% | 1 of 8 |
| Linn County, OR | $104M | 7.5% | 6 of 9 |
| Lane County, OR | $78M | 1.1% | 12 of 14 |
| Yamhill County, OR | $53M | 3.2% | 7 of 7 |
| Marion County, OR | $40M | 0.6% | 12 of 13 |
| Polk County, OR | $40M | 5.0% | 5 of 6 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
Net loss of 2 branches since 2016 (16 to 14, −12.5%). 1 opened, 0 acquired, 3 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 16 | |||
| 2016 | Opened SalemClosed Salem | 1 | 1 | 0 | 16 |
| 2021 | Closed Albany | 0 | 1 | −1 | 15 |
| 2026 through Q2 | Closed Harrisburg | 0 | 1 | −1 | 14 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Commercial real estate | 43% | 43% | |
| Farmland | 18% | 3% | |
| Agricultural | 11% | 5% | |
| Business (C&I) | 9% | 9% | |
| Multifamily | 8% | 14% | |
| 1-4 family residential | 6% | 19% | |
| Construction and land | 3% | 5% | |
| Consumer | 0% | 1% | |
| Other | 2% | 0% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 51% | 61% | |
| Noninterest-bearing | 48% | 21% | |
| Time deposits | 1% | 18% |
Brokered deposits are 0.0% of deposits (peers 0.4%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 0.04% | 0.77% |
| Net charge-offs, annualized | 0.00% | 0.00% |
| Reserves to loans | 1.68% | 1.09% |
| Leverage ratio | 13.88% | 12.35% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Oregon
Largest competitors in Benton County, OR
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/banks/citizens-bank-corvallis-or